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Every dollar spent on Syrian refugees generates $2.13 in local Lebanese markets

Resource published September 29, 2014

A new study by IRC analyzed the spending of 90,000 Syrian refugee families who received $100 ATM bankcards

A new study by IRC analyzed the spending of 90,000 Syrian refugee families who received $100 a month through special ATM bankcards. With each dollar spent on food, blankets, sweaters, and water, $2.13 was created in local markets, boosting the Lebanese economy. Households receiving cash assistance were half as likely to send their children out to work.